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Thu, 21 Mar 2019 14:31:52 +0000 en-GB
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1 https://wordpress.org/?v=5.1.1UAE: Saudi German Hospital to open facility in Ajmanhttps://www.laingbuissonnews.com/healthcaremarketsinternational/hcmi-news/uae-saudi-german-hospital-to-open-facility-in-ajman/
Thu, 21 Mar 2019 14:31:52 +0000https://www.laingbuissonnews.com/?p=32366Saudi German Hospitals Group is to open a Dhs300m (US$81.7m) healthcare facility in Ajman which will be the biggest in the capital of the emirate of Ajman in the United Arab Emirates. Spanning over 41,062 square meters, the 200-bed hospital will commence operations soon. With 46 OPD clinics and over 20 specialities, Saudi German Hospital, […]

]]>Saudi German Hospitals Group is to open a Dhs300m (US$81.7m) healthcare facility in Ajman which will be the biggest in the capital of the emirate of Ajman in the United Arab Emirates.

Spanning over 41,062 square meters, the 200-bed hospital will commence operations soon. With 46 OPD clinics and over 20 specialities, Saudi German Hospital, Ajman, will be the group’s third healthcare facility in the UAE and 10th across the MENA region.

“Saudi German Group has a very well-thought out expansion programme to reach out to maximum number of patients in the UAE and the new state-of-the-art facility in Ajman is part of the plan. With two hospitals successfully running in Dubai and Sharjah, we aim to simulate the same international standards in SGH-Ajman that we have adopted in our other facilities,” said Reem Osman, chief executive of Saudi German Hospitals (SGH) Group.

Besides providing quality medical services, SGH-Ajman says that it also aims to introduce several CSR initiatives, community engagements and provide wellness education to the people of Ajman and beyond.

]]>Civitas signs deals worth more than £85mhttps://www.laingbuissonnews.com/care-markets-content/civitas-in-deals-worth-more-than-85m/
Thu, 21 Mar 2019 11:41:36 +0000https://www.laingbuissonnews.com/?p=32422Civitas Social Housing plc has bought 19 social housing properties comprising 266 tenancies for £73.5m and exchanged contracts on two further premises for £12.1m. Completion on the second deal, which has 65 tenancies, is expected following works being carried out. The properties in the two deals are in England and Wales covering 14 local authority […]

All providers are counterparties to existing leases within the company’s portfolio.

The premises, which were sourced by Civitas Housing Advisors Ltd, the company’s investment adviser, are either purpose built or have been adapted for use as accommodation for tenants with lifelong learning disabilities and other care needs, who are expected to remain long-term and receive 100% state funding.

The homes are subject to long-term leases with rents adjusted annually in line with CPI over the full period.

The properties have been financed from the company’s existing debt facilities.

Civitas intends to complete the arrangement of additional debt facilities in the coming weeks, worth around £170m.

Its projected rental income has risen from £41m to approximately £45m.

Paul Bridge, Civitas Housing Advisors chief executive, said: ‘We are delighted to have completed our largest deal so far, and to have acquired properties which are of the highest quality, run by focused and operationally robust registered providers.

‘For investors, these properties will be immediately income-generating; for tenants, they offer the opportunity to live as independently as possible within their communities.’

]]>France: Doctolib raises €150m Series E fundinghttps://www.laingbuissonnews.com/healthcaremarketsinternational/hcmi-news/france-doctolib-raises-e150m-series-e-funding/
Thu, 21 Mar 2019 11:20:25 +0000https://www.laingbuissonnews.com/?p=32390Paris-based e-health company Doctolib has raised €150m (US$170.2m) Series E funding led by global growth equity firm General Atlantic, along with existing investors Eurazeo, Bpifrance, Kernel and Accel, as well as several German healthcare entrepreneurs. It is now valued at over €1 billion which makes it Europe’s newest unicorn. “Our mission has been the same […]

]]>Paris-based e-health company Doctolib has raised €150m (US$170.2m) Series E funding led by global growth equity firm General Atlantic, along with existing investors Eurazeo, Bpifrance, Kernel and Accel, as well as several German healthcare entrepreneurs.

It is now valued at over €1 billion which makes it Europe’s newest unicorn.

“Our mission has been the same since day one: to make our health system more human, efficient and connected and to build a society of thousands of people united around humanist values,” said Stanislas Niox-Chateau, co-founder and president of Doctolib. “We believe that health care transformation is about health professionals: we are one team with them and we work every day to provide them with the best possible service, as well as their patients.”

Doctolib will use proceeds to continue its investments in France and Germany, to accelerate the deployment of its teleconsultation service, for r&d and to expand internationally.

“We were impressed by what Doctolib has built in France and Germany in just five years,” said Chris Caulkin, managing director and head of technology for EMEA at General Atlantic. “Their approach to the digital transformation of our health care system is clear and produces tangible results for practitioners and patients.”

Founded in 2013, Doctolib has now raised €235m in funding in seven rounds, most recently €35 million in Series D funding in November 2017.

Doctolib says that it is the first e-health service in Europe. It claims 30 million monthly patient visits to its sites and mobile apps. 75,000 professionals and 1,400 healthcare facilities use its calendar software and services in France and Germany, including the largest public and private hospital facilities. The company has doubled the size of its team over the last 12 months and now has 750 people in some 40 cities in France and Germany.

]]>Talking therapy in the virtual spacehttps://www.laingbuissonnews.com/healthcare-markets-content/talking-therapy-in-the-virtual-space/
Thu, 21 Mar 2019 11:00:02 +0000https://www.laingbuissonnews.com/?p=31350Talking therapy is moving off the couch and into the virtual space and the independent sector is leading the way. Dr Michelle Tempest, partner at health and social care strategy consultancy Candesic looks at mental health policy and examines the emerging market for digital based interventions Every brain is unique and how the brain is […]

]]>Talking therapy is moving off the couch and into the virtual space and the independent sector is leading the way. Dr Michelle Tempest, partner at health and social care strategy consultancy Candesic looks at mental health policy and examines the emerging market for digital based interventions Every brain is unique and how the brain is…

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]]>China: New management team for Concord Medicalhttps://www.laingbuissonnews.com/healthcaremarketsinternational/hcmi-news/china-new-management-team-for-concord-medical/
Thu, 21 Mar 2019 10:09:57 +0000https://www.laingbuissonnews.com/?p=32363Concord Medical Services Holdings, the operator of the largest network of radiotherapy and diagnostic imaging centres in China, has announced three new appointments to the management team: Yaw Kong Yap as president of the company – he will continue to serve as Concord Medical’s chief financial officer; Xiao Fu as chief operating officer; and Matthew […]

]]>Concord Medical Services Holdings, the operator of the largest network of radiotherapy and diagnostic imaging centres in China, has announced three new appointments to the management team: Yaw Kong Yap as president of the company – he will continue to serve as Concord Medical’s chief financial officer; Xiao Fu as chief operating officer; and Matthew Callister as chief medical officer.

Yap previously served as a senior vice president of the company from 2008 to July 2014 and has been serving as Concord’s chief financial officer since then.

Previously, he was CFO of China Medstar in 2005 and the chief executive officer of Advanced Produce Centre Development in 2003. He graduated from the Indiana University of Pennsylvania in the US with a bachelor’s degree in 1990. Yap is a Certified Public Accountant in the United States.

Xiao Fu has served as a senior vice president of the company since July 2009. She joined China Medstar in 1997 and served as its senior vice president prior to Concord Medical’s acquisition of China Medstar. Prior to joining China Medstar, she served as a sales supervisor of Rhone-Poulenc Rorer from 1995 to December 1997.

She graduated from the Shanghai Second Military Medical University in 1986, majoring in Healthcare.

Matthew Callister joined Concord Medical at the start of the month. Before this, he served as the senior physician executive of Banner MD Anderson Cancer Center and Service Line in 2014, the division chief of radiation oncology at Banner MD Anderson Cancer Center in 2011 and a consultant at the department of radiation oncology of Mayo Clinic Arizona in 2004.

Callister has been an adjunct associate professor of radiation oncology at the UT-MD Anderson Cancer Center from 2011 to present. He received a doctor of medicine degree from the Duke University School of Medicine in 1997.

]]>Australia: FIRB rubber stamps Healthscope acquisitionhttps://www.laingbuissonnews.com/healthcaremarketsinternational/hcmi-news/australia-firb-rubber-stamps-healthscope-acqusition/
Thu, 21 Mar 2019 07:07:58 +0000https://www.laingbuissonnews.com/?p=32361Australia’s Foreign Investment Review Board (FIRB) has approved Canadian investment firm Brookfield’s A$4.18bn (US$2.97bn) takeover of Healthscope. The FIRB has approved both the takeover of Australia’s second largest private healthcare operator as well as the associated sale and leaseback of 22 freehold properties by Healthscope to NorthWest and MPT. At the beginning of February, Brookfield […]

The FIRB has approved both the takeover of Australia’s second largest private healthcare operator as well as the associated sale and leaseback of 22 freehold properties by Healthscope to NorthWest and MPT.

At the beginning of February, Brookfield made an offer of A$2.50 per share for the group. It also launched an off-market takeover offer at A$2.40 per share.

The rest of the acquisition will be funded by the sale-and-leaseback of just over half of Healthscope’s portfolio – 22 of its 42 private hospitals – to real estate investment property trusts Medical Properties Trust and Northwest Healthcare Properties for about A$2.5 billion.

Healthscope shareholders will vote on the proposed takeover offer, at the scheme meeting which is expected in May or June.

]]>Profits slide after tough regulatory year for Runwood Homeshttps://www.laingbuissonnews.com/care-markets-content/profits-slide-after-tough-regulatory-year-for-runwood-homes/
Wed, 20 Mar 2019 16:05:24 +0000https://www.laingbuissonnews.com/?p=32417Profits slipped at operator Runwood Homes after an ‘unprecedented’ number of inspections and subsequent suspensions were placed on its care homes last year. Its financial report showed that turnover increased by 7.3% to £139.6m (2017: £130.1m) during the year ended 30 September 2018, while cost of sales grew to £87.9m, up from £84.7m in 2017. […]

]]>Profits slipped at operator Runwood Homes after an ‘unprecedented’ number of inspections and subsequent suspensions were placed on its care homes last year. Its financial report showed that turnover increased by 7.3% to £139.6m (2017: £130.1m) during the year ended 30 September 2018, while cost of sales grew to £87.9m, up from £84.7m in 2017….

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]]>France: DomusVi initiates exclusive negotiations with Residalyahttps://www.laingbuissonnews.com/healthcaremarketsinternational/france-domusvi-initiates-exclusive-negotiations-with-residalya/
Wed, 20 Mar 2019 15:48:14 +0000https://www.laingbuissonnews.com/?p=32325DomusVi, one of Europe’s leading group in accommodation and services for independent or dependent seniors, has initiated exclusive negotiations to acquire France’s Residalya, the country’s ninth largest player. Residalya is a network of 35 nursing homes and senior residential homes with 2,630 beds located throughout France. The group has 1,700 employees and had revenues of […]

]]>DomusVi, one of Europe’s leading group in accommodation and services for independent or dependent seniors, has initiated exclusive negotiations to acquire France’s Residalya, the country’s ninth largest player. Residalya is a network of 35 nursing homes and senior residential homes with 2,630 beds located throughout France. The group has 1,700 employees and had revenues of…

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]]>Germany: Fresenius appoints new chief medical officerhttps://www.laingbuissonnews.com/healthcaremarketsinternational/hcmi-news/germany-fresenius-appoints-new-chief-medical-officer/
Wed, 20 Mar 2019 13:25:16 +0000https://www.laingbuissonnews.com/?p=32413German healthcare group Fresenius has appointed Frank Maddux to the newly created position of global chief medical officer. “With Dr. Maddux we have a global chief medical officer with a well-deserved, excellent reputation inside and outside our company. He will ensure that we utilise the benefits of our global, vertically integrated approach to achieve the […]

]]>German healthcare group Fresenius has appointed Frank Maddux to the newly created position of global chief medical officer.

“With Dr. Maddux we have a global chief medical officer with a well-deserved, excellent reputation inside and outside our company. He will ensure that we utilise the benefits of our global, vertically integrated approach to achieve the best clinical outcomes for our patients, their families and the payor community as well,” said Rice Powell, chief executive officer of Fresenius Medical Care and chairman of the management board.

Maddux is a physician, IT entrepreneur and health care executive with more than 30 years of health care experience. He has worked for Fresenius Medical Care since 2009. Most recently he served as executive vice president for clinical & scientific affairs and chief medical officer for Fresenius Medical Care North America with responsibility for the delivery of high-quality, value-based care for the largest integrated renal care network in the US. His expertise and research interests have been focused on the quality of care for chronic kidney disease patients.

]]>Retirement communities help residents’ physical and mental health, study revealshttps://www.laingbuissonnews.com/care-markets-content/retirement-communities-help-residents-physical-and-mental-health-study-reveals/
Wed, 20 Mar 2019 12:12:55 +0000https://www.laingbuissonnews.com/?p=32402Older people living in retirement communities benefit from improved physical and mental health, a study has revealed. Researchers found that residents living in the communities were more physically active, had improved memory, were less anxious and hardly ever lonely. The study, which was commissioned by the ExtraCare Charitable Trust, extends on findings of research with […]

]]>Older people living in retirement communities benefit from improved physical and mental health, a study has revealed.

Researchers found that residents living in the communities were more physically active, had improved memory, were less anxious and hardly ever lonely.

The study, which was commissioned by the ExtraCare Charitable Trust, extends on findings of research with Aston University between 2012 and 2015 that revealed a 14.8% reduction in depressive symptoms amongst its retirement community residents after three years, and annual NHS savings of 38% per person.

Follow-up research by Professor Carol Holland at Lancaster University, included additional measures for loneliness, resilience and quality of life.

The findings have helped inform the development of a tool to measure how resilient residents are in terms of physical and cognitive health. Formerly known as the Frailty Calculator, the new tool, to be launched in spring, will be used to reassess residents who have already been identified as frail to determine if personal goals and targets are helping them to become more resilient.

There are plans to roll the tool out to other retirement housing providers later in the year.

Nineteen villages and schemes were included in the latest research assessments with more than 160 residents involved.

Results covering the period from 2012 and 2018 showed improvements in personal health, with the level of exercise by residents increasing 75%; faster walking speed; a reduction in risk of falls over the first two years; and a delay in frailty in residents by up to three years.

There were also low levels of depression and depressive symptoms in residents; a 23% decrease in anxiety; improvements in memory and cognitive skills; a 24% increase in autobiographical memory and a 17% rise in memory recall tests.

Also, 86.5% of residents were ‘never or hardly ever’ lonely.

Shirley Hall, head of innovation and well-being at the trust, said the results showed that older people who exercise tend to be happier and were likely to live longer healthier lives.

‘However, the results do show a small number of residents are feeling lonely, so we need to help identify and support those who are,’ she said. ‘We know from the study that working on autobiographical memory is one area that our residents can work on to help improve ‘social connectedness’ and loneliness further, and supporting residents with mobility issues to build resilient social networks will be critical in reducing their level of loneliness over time, all things that the charity is committed to doing.’